Jeeves raises $110 million Series C led by CoinFund to expand stablecoin-native banking
The Miami-based platform, which already processes more than $3 billion in annualized volume, will use the new capital to launch a proprietary USDC/USDT wallet, expand its corporate card into 35 countries and build out AI-driven treasury tools.
Jeeves, a Miami-based fintech that operates a stablecoin-native banking platform for global enterprises, announced a $110 million Series C funding round led by crypto-focused investment firm CoinFund.
The company provides corporate cards, spend management and treasury payment services aimed at businesses operating across multiple countries, an area where traditional correspondent banking can be slow and costly. Jeeves says more than half of its international transactions already settle on-chain, and it currently processes over $3 billion in annualized payment volume.
Jeeves plans to use the new funding to launch a proprietary stablecoin wallet supporting both USDC and USDT, expand its corporate card offering into 35 countries, and deploy additional AI-driven financial automation tools for treasury and spend management.
The round adds to a broader run of venture investment into stablecoin-adjacent banking and payments infrastructure this year, as fintechs compete to offer faster, cheaper cross-border settlement than legacy card and wire rails. Jeeves has not disclosed a valuation tied to the new round or a specific timeline for the wallet launch and card expansion.